CONTACT US 0131 226 8200

Latest Blogs

MBM Commercial advises CuanTec Ltd on partnership with Hive Energy

MBM Commercial’s Corporate team recently advised CuanTec on a partnership with Hive Energy. 

CuanTec, a circular economy business, converts shellfish waste into chitin, a naturally occurring, 100% compostable biopolymer with a wide range of applications across pharmaceutical, cosmetics and food industries. Using proprietary technology, CuanTec produces chitin with no CO2 emissions, using 66% less electricity compared to traditional chitin extraction processes.

The investment from Hive Energy will help accelerate CuanTec’s plans to produce chitin by Q3 2022, with strategic goals to expand in the U.K. and globally starting in 2023. The Hive Energy Group is one of the UK’s largest renewable energy and cleantech project developers.

CuanTec CEO Craig Sterling commented “MBM Commercial have supported Cuantec through several investment rounds. This partnership with Hive marks the next chapter in our growth.”

“It has been fantastic to work with such an engaged executive team at Cuantec and to help them deliver this funding round”, said Alexander Lamley. “The MBM team looks forward to continuing its support of the Cuantec team and the Company’s laudable ambition to change how packaging is made.”

Read more about the partnership at https://www.cuantec.com/post/hive-energy-acquires-majority-share-in-cuantec-ltd-a-scottish-circular-economy-business

MBM paving the way for a more inclusive legal prof...
Lessons from disputing a dispute resolution clause...

Contact us today